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Plaza 205 10522-10548 SE Washington St 11,551 SF of Medical Space Available in Portland, OR 97216
HIGHLIGHTS
- High visibility from SE Washington St (20,730 VPD)
- Generous parking & monument signage available
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 10538 | 11,551 SF | Negotiable | $44.67 CAD/SF/YR $3.72 CAD/SF/MO $515,977 CAD/YR $42,998 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 10538
2nd Generation Medical Facility VIRTUAL TOUR: https://virtualtour.idplans.com/en/tour/4tz6gq9e3 Located within Plaza 205, this ±11,551 square foot suite offers a rare opportunity to lease a purpose-built medical facility in one of Portland’s most accessible and densely populated submarkets. Formerly occupied by a medical imaging center, the space is designed with medical infrastructure in place - including enhanced power capacity ideal for diagnostic and imaging equipment. The suite is situated in a high-visibility regional shopping center anchored by 99 Ranch Market, Providence Medical Group, Dollar Tree, and MUV Fitness, with excellent access to I-205, TriMet bus routes, and the MAX light rail system. The area is part of the Gateway Urban Renewal Plan, a growing healthcare and mixed-use corridor with strong patient demographics and strategic proximity to major hospital systems.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Health Care Space
- Space is in Excellent Condition
- Central Air and Heating
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 11,551 SF | Total Land Area | 7.21 AC |
| Property Type | Retail | Year Built/Renovated | 1970/2002 |
| Gross Leasable Area | 130,862 SF | Parking Ratio | 4.33/1,000 SF |
| Total Space Available | 11,551 SF |
| Property Type | Retail |
| Gross Leasable Area | 130,862 SF |
| Total Land Area | 7.21 AC |
| Year Built/Renovated | 1970/2002 |
| Parking Ratio | 4.33/1,000 SF |
ABOUT THE PROPERTY
LINK TO VIRTUAL TOUR: https://virtualtour.idplans.com/en/tour/4tz6gq9e3 Located within Plaza 205, this ±11,551 square foot suite offers a rare opportunity to lease a purpose-built medical facility in one of Portland’s most accessible and densely populated submarkets. Formerly occupied by a medical imaging center, the space is designed with medical infrastructure in place - including enhanced power capacity ideal for diagnostic and imaging equipment. The suite is situated in a high-visibility regional shopping center anchored by 99 Ranch Market, Providence Medical Group, Dollar Tree, and MUV Fitness, with excellent access to I-205, TriMet bus routes, and the MAX light rail system. The area is part of the Gateway Urban Renewal Plan, a growing healthcare and mixed-use corridor with strong patient demographics and strategic proximity to major hospital systems.
- Bus Line
- Pylon Sign
- Security System
- Signage
- Signalized Intersection
- Air Conditioning
NEARBY MAJOR RETAILERS
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Plaza 205 | 10522-10548 SE Washington St
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